Should You Invest in the Fidelity MSCI Financials Index ETF (FNCL)?
If you're interested in broad exposure to the Financials - Broad segment of the equity market, look no further than the Fidelity MSCI Financials Index ETF (FNCL), a passively managed exchange traded fund launched on 10/21/2013.
FNCL: Risks Overshadow Lower Valuations For This Diversified Financial ETF
Fidelity MSCI Financials Index ETF offers exposure to the U.S. financial sector, including small caps, but with higher volatility and lower valuations compared to XLF. FNCL's top holdings include JPMorgan, Berkshire Hathaway, and Visa, with a heavier allocation to banks and an underweight in financial services. Despite a positive sector outlook, the Fund's focus on smaller companies may lead to extra volatility, making XLF a better option for investors at this point.
Should You Invest in the Fidelity MSCI Financials Index ETF (FNCL)?
If you're interested in broad exposure to the Financials - Broad segment of the equity market, look no further than the Fidelity MSCI Financials Index ETF (FNCL), a passively managed exchange traded fund launched on 10/21/2013.
